Gresham House increases assets under management by 20%
Gresham House has grown its assets under management by more than 20% to at least £2.75bn.
In a trading update flagging its upcoming financial report for the year ended 31 December 2019, the specialist alternative asset manager said the growth came “despite a volatile wider market”.
The company also said its British Strategic Investment Fund had a further close with new investors.
Gresham House has grown its assets under management by more than 20% to at least £2.75bn.
In a trading update flagging its upcoming financial report for the year ended 31 December 2019, the specialist alternative asset manager said the growth came “despite a volatile wider market”.
The company also said its British Strategic Investment Fund had a further close with new investors.
Tony Dalwood, chief executive of Gresham House, said: “We have continued to deliver against our strategic priorities; growing organically, integrating acquisitions, and using our balance sheet effectively to develop the business and align with the interests of our clients.
“Gresham House is well positioned to benefit from the increasing focus on impact and sustainable investments and, alongside the strong performance of many of our products, we are excited for 2020 and beyond.”
Gresham House will publish its full-year results on 5 March 2020.
In October last year, the asset manager reported it had raised £200m for its British Strategic Investment Fund, securing a £35m commitment from the Greater Manchester Pension Fund and the Greater London Authority.
The company also backed a new build-to-rent venture, Rise Homes, in April.
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